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Today's Terms
Estoppel
Definition:
A person's own act, or acceptance of facts, which preclude later claims to the contrary.
Evidence
Definition:
Testimony, records, documents, material objects, or other things presented at a trial to prove the existence or nonexistence of a fact.
Trust
Definition:
A transaction in which the owner of real property or personal property (the trustor or settlor) gives ownership to a trustee, to hold and to manage it for the benefit of a third party, called the "beneficiary."
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